Ringgit opens lower against stronger US dollar


KUALA LUMPUR: The ringgit continues to weaken in early trade against the firmer US dollar today spurred by last week's jobs report and hawkish signals from the Federal Reserve (Fed), said an analyst.

At 9.01 am, the ringgit fell to 4.7570/7620 against the greenback from Monday's close of 4.7460/7520.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , US dollar , currencies , Federal Reserve

Next In Business News

Gulf IPO boom fizzles
Miniso helps rewrite toy sector story
Caught in the Fed’s crossfire
Converse bets on China for revival
RHB Bank stamps its mark�
The bond conundrum
Where innovation meets tradition
Aijek’s sustainable second act
AI binge tests risk appetite
The cost of climate resilience

Others Also Read